can a trust have two FCRA accounts.
can we transfer the amount from one account to another account?
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 17 May 2021
Yes a trust may have two FCRA accounts but that should be utilised for the main purpose of FCRA not for other purposes
veerendar singh
(tax consultant)
(3301 Points)
Replied 18 May 2021
In that case transfer between two accounts will also be possible.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
